UNIDENTIFIED FEMALE REPORTER: We have some indication that Mother Monster's star power may be on the decline.

(END VIDEO CLIP)

WATTERS: Lady Gaga has been struggling recently. She's not as famous. Her album sales are down. Why are you still attracted to her.

UNIDENTIFIED FEMALE 1: Because music is not for money. Music is for talent and for art.

UNIDENTIFIED MALE 2: Canceling the last tour kind of hurt her a little bit.

UNIDENTIFIED FEMALE 2: Gaga has been doing whatever she wanted since the very beginning. And if the mainstream accepts it, they do. And if they don't, there's all these fans that love it.

(BEGIN VIDEO CLIP)

(APPLAUSE AND LAUGHTER)

(END VIDEO CLIP)

WATTERS: Do you think Lady Gaga is a flash in the pants.

UNIDENTIFIED MALE 4: I don't think so.

WATTERS: Are you a flash in the pants.

(CRICKET SOUNDS)

WATTERS: Do you ever watch the news or anything like that.

UNIDENTIFIED MALE 5: Only to check the weather, so I'll know what I'll wear for that day.

WATTERS: Are you a Republican or Democrat.

UNIDENTIFIED FEMALE 2: I don't know.

WATTERS: Do you know the difference.

UNIDENTIFIED FEMALE 2: Umm, no.

WATTERS: Do you think that Democrats are going to put someone on the Benghazi Committee.

(BEGIN VIDEO CLIP)

CHRIS FARLEY, ACTOR: This is a little awkward.

(END VIDEO CLIP)

WATTERS: How's Obama doing.

UNIDENTIFIED FEMALE 5: Who.

WATTERS: The President.

UNIDENTIFIED FEMALE 5: Of what.

WATTERS: America.

UNIDENTIFIED FEMALE 5: Oh.

(BEGIN VIDEO CLIP)

SYLVESTER STALLONE, ACTOR: Embarrassing, you know.

(END VIDEO CLIP)

UNIDENTIFIED MALE 2: I like to live in my bubble of ignorance bliss.

WATTERS: OK. How's that working out for you.

(BEGIN VIDEO CLIP)

UNIDENTIFIED ACTOR: I've got my own problems.

(END VIDEO CLIP)

WATTERS: Are you a FACTOR fan.

UNIDENTIFIED FEMALE 4: I am a FACTOR fan.

WATTERS: Yes? What's your favorite part of the show.

UNIDENTIFIED FEMALE 4: Probably when he makes fun of everybody.

WATTERS: I'm Watters and you're in my world right now.

UNIDENTIFIED MALE 6: Oh, really.

WATTERS: Yes. How does that feel.

UNIDENTIFIED MALE 6: Pretty amazing.

(LAUGHTER)

(BEGIN VIDEO CLIP)

(LAUGHTER)

(END VIDEO CLIP)

(END VIDEOTAPE)

O'REILLY: Ugh.

(LAUGHTER)

All right, here's Watters. Is this just a gay thing. Is that what it primarily is now.

WATTERS: I think it's about half of its gang.

O'REILLY: Yes?

WATTERS: There's a lot of gender-bending and transsexuals.

O'REILLY: Because there performers like -- Cher is one --

WATTERS: Sure.

O'REILLY: -- that attract big gay audience.

WATTERS: Yes.

(BEGIN VIDEO CLIP)

O'REILLY: But is this what this is evolving into --

WATTERS: I mean, I don't know if it's evolving. I think it's always been a big gay-themed crowd.

O'REILLY: Because -- but she was real mainstream with Bad Romance and all those songs.

WATTERS: She was. And, you know, I like Lady Gaga. I like that kind of music. I'm not embarrassed to talk about it.

O'REILLY: You should be.

(LAUGHTER)

No, some of her songs are catchy but --

WATTERS: Yes.

(END VIDEO CLIP)

O'REILLY: -- but it looks to me like that's over, the mask adulation.

WATTERS: Right.

O'REILLY: As you said, her album sales and ticket sales are down.

WATTERS: Right. She's down, I think from 4.58 million albums sold in 2008 to only just about 700,000 --

(BEGIN VIDEO CLIP)

O'REILLY: So, she's down.

WATTERS: -- last year. So, she's had some hip surgery. You know, the shock value is wearing off.

O'REILLY: Yes.

WATTERS: Miley Cyrus has kind of outpaced her in terms of that.

(END VIDEO CLIP)

So, we'll see where she goes from here.

O'REILLY: You'll see.

WATTERS: I will -- I will --

O'REILLY: Yes, I'm not really going to follow her but you keep me posted.

WATTERS: That's my beat. I'm on a Lady Gaga beat.

O'REILLY: You know, you're getting real popular in certain areas there, Watters. You know you are.

WATTERS: Which areas are you talking about.

(LAUGHTER)

O'REILLY: I'm not even going to get into it. All right, there he is.

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